BACK ON THE MARKET and subject to cancellation of current escrow DUE TO BUYER FAILURE TO PREFORM !!! In need of a home? something close to the main freeways and downtown? Look no further!!! Here is this well maintained and slightly upgraded home. This gem features up to a two parking driveway, 2 bed rooms and one bath. Perfect starter home for those looking to move out of the rental. Upgraded kitchen cabinetry and title throughout home to keep it cool during the summer. Don't let this opportunity slip you by!!!
Listed by LIVIER RODRIGUEZ SUAREZ•DRE #01365045• EXCELLENCE RE REAL ESTATE
Bought with Nadia Arreola-Bustamante•DRE #01973015• JohnHart Real Estate
Redfin checked: 8 minutes ago (Oct 3, 2023 at 4:13am)
•Source:CRMLS #MB22053675
Home facts
Property Type
Single Family Residence
Year Built
1928
Community
C34 - Los Angeles Southwest
Lot Size
1,700 Sq. Ft.
Price insights
Redfin Estimate
$476,952
Price/Sq.Ft.
$757
Buyer’s Agent Commission
2%
Redfin Estimate for 8317 Towne Ave
Redfin has the most accurate online home estimate
$476,952
$36K since sold in June 2022
$15K since September
1 year
5 year
Historical Redfin Estimate Graph ChartGraph chart of this property's Redfin Estimate over time20192020202120222023$200K$300K$400K$500K$600K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $445K to $600K..
Academy For Multiligual Arts And Science At Mervyn M. Dymally High
Public, 9-12 • Serves this home • 0.4mi
School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.
Around this home
Transportation near 8317 Towne Ave
72/100
Very walkable
Walk Score®
58/100
Good transit
Transit Score®
61/100
Bikeable
Bike Score®
Places
6 groceries, 32 restaurants, 1 park
Transit
10/48, 111, 115, 45, 51, 53
Climate risks
About climate risks
Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.
Risk Factor
Flood Factor - Minimal
Unlikely to flood in next 30 years
Fire Factor - Minimal
Unlikely to be in a wildfire in next 30 years
Heat Factor - Major
7 days above 88° expected this year, 21 days in 30 years
Wind Factor - Minimal
Minimal risk of severe winds over next 30 years
Provided by First Street Foundation
Thinking of selling?
Estimated sale price
$454,000 – $539,000
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Nearby similar homes
Homes similar to 8317 Towne Ave are listed between $450K to $2M at an average of $505 per square foot.
8317 Towne Ave is a 630 square foot house on a 1,700 square foot lot with 2 bedrooms and 1 bathroom. This home is currently off market - it last sold on June 29, 2022 for $441,000
How many photos are available for this home?
Redfin has 21 photos of 8317 Towne Ave.
How much is this home worth?
Based on Redfin's Los Angeles data, we estimate the home's value is $476,952
When was this home built and last sold?
8317 Towne Ave was built in 1928 and last sold on June 29, 2022 for $441,000.
What is the rental estimate for this home?
We estimate that 8317 Towne Ave would rent for between $2,053 and $2,461.
How competitive is the market for this home?
Based on Redfin's market data from the past 3 months, we calculate that market competition in Florence, this home's neighborhood, is somewhat competitive. Homes sell for about 1% above list price and go pending in around 52 days. Hot homes can sell for about 3% above list price and go pending in around 18 days. Compared to nearby markets, Florence is less competitive than Mar Vista and less competitive than Playa del Rey.
The full address for this home is 8317 Towne Avenue, Los Angeles, California 90003.
What's the housing market like in South LA?
The South LA housing market is somewhat competitive. Homes in South LA receive 2 offers on average and sell in around 46 days. The median sale price of a home in South LA was $664K last month, down 2.4% since last year. The median sale price per square foot in South LA is $550, down 1.9% since last year.